Sage 50cloud Accounting

Cloud-connected accounting solution for small business

About Sage 50cloud Accounting

Sage 50cloud Accounting (formerly Peachtree Software) is a comprehensive accounting solution for small business. It provides core functionality, such as A/R and A/P, customer management and financial reporting. Premium features, such as detailed profitability tracking, cash flow forecasting and custom reporting, come standard.
Sage 50cloud Accounting enhances user productivity with convenient, cloud connected features, such as digital invoicing, online payments, automated bank reconciliation, Microsoft Excel-based reporting, and more. Remote access allows users to work on-the-go via laptop.
The software has built-in accounting and compliance controls that maintain accuracy and prevent common errors. Security functions include suspicious transaction flagging, audit trails and user access settings. Data can be backed up locally or to the cloud.
All Sage 50cloud Accounting plans include core vendor, inventory and job management functionality. Advanced features tailor to certain industry segments, such as construction, distribution and manufacturing businesses.

Pricing starting from:

US$33.00/month

  • Free Version
  • Free Trial
  • Subscription

Top 5 alternatives to Sage 50cloud Accounting

Key benefits of Sage 50cloud Accounting

  • Access contact details, customer balance information, credit limits, and order history from anywhere by syncing Microsoft Outlook contacts and Sage 50cloud Accounting contacts.

  • Accept payments on the go by combining Sage 50cloud with Sage Payment Solutions in order to accept secure and compliant payments from anywhere.

  • Link directly to bank accounts to record sales and receipts in real time and check up on what the business is owed, schedule supplier payments, and more, with tools for cash flow and invoicing.

  • Sage 50cloud Accounting's add-on solution for stock and inventory management enables organizations to automatically update stock levels, and control assets through stock valuations and audits.

  • Work and collaborate from anywhere with applications such as Word, Excel, PowerPoint and Outlook through seamless integration with Microsoft Office 365.
  • Typical Customers

    • Freelancers
    • Small Businesses (2-50)
    • Mid-size Companies (51-500)
    • Large enterprises (500 and more)

    Deployment

    • Cloud-based
    • On-premise

    Markets

    Australia, Canada, United Kingdom, United States

    Supported Languages

    English, French, Spanish

    Pricing starting from:

    US$33.00/month

    • Free Version
    • Free Trial
    • Subscription

    Top 5 alternatives to Sage 50cloud Accounting

    Images

    Sage 50cloud Accounting Software - Automatically sync Microsoft Outlook contacts and Sage 50c contacts, and access all data from anywhere
    Sage 50cloud Accounting Software - Manage cash flow and invoicing, and link directly to bank accounts to record sales and receipts in real time
    Sage 50cloud Accounting Software - Work from anywhere with Microsoft Office 365 integration
    Sage 50cloud Accounting Software - Calculate taxes and automatically file returns securely online
    Sage 50cloud Accounting Software - Perform stock takes and automatically update stock levels
    Sage 50cloud Accounting Software - The Sage 50 Accounts Tracker mobile app for iOS and Android provides real-time business insight while on-the-go
    View 6 more
    Sage 50cloud Accounting Software - Automatically sync Microsoft Outlook contacts and Sage 50c contacts, and access all data from anywhere
    Sage 50cloud Accounting Software - Manage cash flow and invoicing, and link directly to bank accounts to record sales and receipts in real time
    Sage 50cloud Accounting Software - Work from anywhere with Microsoft Office 365 integration
    Sage 50cloud Accounting Software - Calculate taxes and automatically file returns securely online
    Sage 50cloud Accounting Software - Perform stock takes and automatically update stock levels
    Sage 50cloud Accounting Software - The Sage 50 Accounts Tracker mobile app for iOS and Android provides real-time business insight while on-the-go

    Features

    Total features of Sage 50cloud Accounting: 87

    • "What If" Scenarios
    • Access Controls/Permissions
    • Accounting
    • Accounts Payable
    • Accounts Receivable
    • Activity Dashboard
    • Activity Tracking
    • Approval Process Control
    • Audit Management
    • Automatic Billing
    • Bank Reconciliation
    • Batch Processing
    • Billing & Invoicing
    • Billing Portal
    • Budgeting/Forecasting
    • CPA Firms
    • Cash Flow Management
    • Cash Management
    • Collaboration Tools
    • Contact Database
    • Contact Management
    • Contingency Billing
    • Core Accounting
    • Customer Statements
    • Customisable Branding
    • Customisable Invoices
    • Customisable Templates
    • Dashboard
    • Data Import/Export
    • Drag & Drop
    • Dunning Management
    • Electronic Payments
    • Estimating
    • Expense Claims
    • Expense Tracking
    • Financial Analysis
    • Financial Management
    • Financial Reporting
    • Fixed Asset Management
    • For Government
    • For Small Businesses
    • Forecasting
    • Fund Accounting
    • General Ledger
    • Hourly Billing
    • Income & Balance Sheet
    • Inventory Management
    • Inventory Tracking
    • Invoice Creation
    • Invoice History
    • Invoice Management
    • Invoice Processing
    • Key Performance Indicators
    • Mobile Access
    • Mobile App
    • Mobile Payments
    • Multi-Currency
    • Nonprofits
    • Online Invoicing
    • Online Payments
    • Order Management
    • Payment Collection
    • Payment Processing
    • Payroll Management
    • Profit/Loss Statement
    • Project Accounting
    • Project Billing
    • Purchase Order Management
    • Purchasing & Receiving
    • Quotes/Estimates
    • Real Time Data
    • Receipt Management
    • Receivables Ledger
    • Recurring/Subscription Billing
    • Remote Access/Control
    • Reporting & Statistics
    • Reporting/Analytics
    • Revenue Recognition
    • Sales Orders
    • Sales Tax Management
    • Spend Management
    • Supplier Management
    • Tax Calculation
    • Tax Management
    • Time & Expense Tracking
    • Trend Analysis
    • Vendor Management

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    Reviews

    Overall rating

    3.8 /5
    (310)
    Value for Money
    3.5/5
    Features
    3.6/5
    Ease of Use
    3.8/5
    Customer Support
    3.4/5

    Already have Sage 50cloud Accounting?

    Software buyers need your help! Product reviews help the rest of us make great decisions.

    Showing 5 reviews of 310
    Barry
    Overall rating
    • Industry: Accounting
    • Company size: 2-10 Employees
    • Used Daily for 2+ years
    • Review Source

    Overall rating

    • Value for Money
    • Ease of Use
    • Customer Support
    • Likelihood to recommend 10.0 /10

    28 Years and counting

    Reviewed on 26/7/2022

    Very good, have loved my interaction with some great cleint managers over hte years and we have all...

    Very good, have loved my interaction with some great cleint managers over hte years and we have all benefited.

    Pros

    I have used this software for 28 years from DOS to version 28. Its always delivered when required and good support when needed.

    Cons

    Recent prices changes have been a challenge and too much for some cleints.

    Alternatives Considered

    Xero

    Reasons for Switching to Sage 50cloud Accounting

    Desktop based and interating with my add in software The Analyser.
    Aubrey
    Overall rating
    • Industry: Machinery
    • Company size: 11-50 Employees
    • Used Daily for 6-12 months
    • Review Source

    Overall rating

    • Ease of Use
    • Likelihood to recommend 10.0 /10

    Easy to Use

    Reviewed on 8/7/2022

    Generally positive. Very easy to use. I've been using it for about 8 months and have found it easy...

    Generally positive. Very easy to use. I've been using it for about 8 months and have found it easy to navigate.

    Pros

    I like that you can delete journal entries if you posted it in error or need to make an adjustment. Other software would require you to do a separate journal entry to reverse the original entry. This software allows you to delete it as if it never happened. I like that because it helps keeps the GL looking clean.

    Cons

    I wish there was a faster way to drill into invoices/payments that are tied together.

    Sevda
    Overall rating
    • Industry: Pharmaceuticals
    • Company size: Self Employed
    • Used Daily for 1+ year
    • Review Source

    Overall rating

    • Value for Money
    • Ease of Use
    • Customer Support
    • Likelihood to recommend 8.0 /10

    Useful

    Reviewed on 1/1/2023

    Overall it is good and well structured. mostly I used it for invoicing and for monitoring balance-cl...

    Overall it is good and well structured. mostly I used it for invoicing and for monitoring balance-client's payments.

    Pros

    I liked the fact that it is well structured.

    Cons

    it is not very user friendly. it took time for me to be familiar with it in general.

    John
    Overall rating
    • Industry: Accounting
    • Company size: Self Employed
    • Used Daily for 2+ years
    • Review Source

    Overall rating

    • Value for Money
    • Ease of Use
    • Customer Support
    • Likelihood to recommend 6.0 /10

    Good...But A Little Expensive

    Reviewed on 13/8/2018

    I use the Canadian version of the software. I suspect it's basically the same as the American...

    I use the Canadian version of the software. I suspect it's basically the same as the American version, except for sales tax and payroll, but I would check a review of that version for any American users.

    Pros

    Sage 50 is an easy-to-use piece of accounting software aimed at SMEs (small and medium-sized enterprises), and it is one of QuickBooks' major competitors.

    It's fairly easy to find people who are familiar with Sage 50. That's a plus for small businesses looking to find an employee or outside service provider to take care of their books.

    If you are looking to do the books yourself, Sage 50 is relatively easy to learn. They have thorough tutorials available to walk you through the basics.

    Major transactions are grouped together under tabs on the left-hand navigation panel. The various workflows--receivables, payables, inventory and services, employees and payroll, and a 'company' category--are all shown graphically. Each task within a major area is represented as a labeled icon, making it is to start a new transaction from this screen. The 'company' link is a catch-all category, including general journal entries, the chart of accounts and tools for managing your data and accounting tasks.

    Virtually every report that a small business could need is available in Sage 50.

    Cons

    I found Sage 50 to be glitchy in the past. I have spent too many hours on hold or on a call with their tech support.

    I use the payroll-included version of Sage 50. I also have a support package. In all, that's not competitively priced. If it weren't for the fact that some clients have been using this software for years and are reimbursing me for the cost of the software, I would not be using it. QuickBooks is a better value.

    Pauline
    Overall rating
    • Industry: Construction
    • Company size: 11-50 Employees
    • Used Daily for 2+ years
    • Review Source

    Overall rating

    • Value for Money
    • Ease of Use
    • Customer Support
    • Likelihood to recommend 6.0 /10

    Good but it needs improvement

    Reviewed on 17/11/2022

    It makes invoicing, payroll and statements etc, easy to create and nice forms are printed for each...

    It makes invoicing, payroll and statements etc, easy to create and nice forms are printed for each area.

    Pros

    It is quite straight forward and easy to learn and use. The documents that it outputs are nice looking.

    Cons

    The one thing I find non appealing since a few updates are the colors of some of the screens. Makes it hard on the eyes and not easy to read some things

    Alternatives Considered

    QuickBooks Desktop Enterprise

    Reasons for Switching to Sage 50cloud Accounting

    At the time it had better options
    Showing 5 reviews of 310 Read all reviews

    Sage 50cloud Accounting FAQs

    Below are some frequently asked questions for Sage 50cloud Accounting.

    Sage 50cloud Accounting offers the following pricing plans:

    • Starting from: US$33.00/month
    • Pricing model: Subscription
    • Free Trial: Available

    Versions: Sage 50cloud Pro Accounting: $340/year Sage 50cloud Premium Accounting: $510/year Sage 50cloud Quantum Accounting: $842/year Microsoft Office 365 integration is available for $150/year

    Sage 50cloud Accounting has the following typical customers:

    Self Employed, 2-10, 11-50, 51-200, 201-500

    Sage 50cloud Accounting supports the following languages:

    English, French, Spanish

    Sage 50cloud Accounting supports the following devices:

    Android (Mobile), iPhone (Mobile), iPad (Mobile)

    Sage 50cloud Accounting integrates with the following applications:

    BQE CORE Suite, Bill.com, Microsoft 365, Microsoft Excel, Microsoft Outlook, Microsoft PowerPoint, Microsoft Word, QCommission, REALTRAC

    Sage 50cloud Accounting offers the following support options:

    FAQs/Forum, Knowledge Base, Phone Support, 24/7 (Live rep), Chat

    Related categories

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